HaoBTC Bitcoin: Slightly fluctuated and bottomed out, investment confidence recovered

Author: Snowmobile to the Equator

Fundamental news:

1. After the suspected Satoshi Nakamoto "White.Wright" issued a statement on May 6th that he "gave up the proof and apologized", major media outlets once again refuted the rumor. The original news that the real Satoshi Nakamoto had suppressed 1 million bitcoins disappeared, and investor confidence gradually recovered.

2. Japan officially recognizes Bitcoin as a legal currency. A senior Japanese currency practitioner said, "I think the new law will promote the acceptance of Bitcoin and other virtual currencies. Some major financial institutions, investors, and advertising agencies are somewhat hesitant about Bitcoin-related issues. The reason is that Bitcoin is unregulated, its nature has always been uncertain, and some people still have a bad impression of Bitcoin."

3. DCG has announced that they have recently gained new investors, including Western Union, HCM International, Gibraltar Joint Venture, OMERS Joint Venture, Horizon Kinetics, Kingsbridge Wealth Management and Wood Investment Partners. HCM International is the investment arm of Taiwan's Hon Hai Technology Group (Foxconn), while Gibraltar Joint Venture is the investment arm of the British Prudential Group. The wide range of investors shows that global companies are aware of the potential of blockchain as a disruptive technology.

Bitcoin market:

Provided by the regular and secure Bitcoin platform Haobtc.com:

Chief analyst Yu Haiming explained the market: Today's fluctuations are not big, the real and fake Satoshi Nakamoto market has passed, the original downward space has rebounded with Wright's apology, the trading volume has shrunk, and the market is waiting to break through the upward pressure level of 2990. At the same time, the two news about the real and fake Satoshi Nakamoto have once again aroused the attention of many investors to Bitcoin, and a new round of rising market brought by the surge in the newcomer index in the next month cannot be ruled out.